SEC Form 4 · accession 0001209191-15-077717
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Raymond Wagner
Officer — President & COO · Director
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420302
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 29, 2015 | M | 17,500 | $24.49 | A | 26,009 | D | |
| Common StockF1,F2 | Oct 29, 2015 | S | 18,357 | $67.4456 | D | 7,652 | D | |
| Common StockF1,F3 | Oct 29, 2015 | S | 844 | $68.2221 | D | 6,808 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Purchase)F4 | $24.49 | Oct 29, 2015 | M | 17,500 | D | — | May 23, 2023 | Common Stock | 17,500 | 35,000 | D |
Explanation of responses
- F1Sales made pursuant to a 10(b)5-1 plan adopted by the Reporting Person in accordance with Rule 10(b)5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.97 to $67.91, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.04 to $68.40, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- F425% of the shares subject to this option vested on May 23, 2014, and an additional 25% of the shares subject to this option will vest annually thereafter, such that 100% of the shares subject to this option will be fully vested on May 23, 2017. This option also provides for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.